South America Industrial Radiography Market to Grow at a CAGR of 8.0% to reach US$ 28.98 million from 2021 to 2028

The industrial radiography market in SAM is expected to grow from US$ 16.90 million in 2021 to US$ 28.98 million by 2028; it is estimated to grow at a CAGR of 8.0% from 2021 to 2028.

Brazil and Argentina are major economies in SAM. Growing MRO operation is the major factor driving the growth of the SAM industrial radiography market. From the past few years, the rising aviation industry has been propelling the demand for aircraft maintenance, repair, and overhaul (MRO) services. A few of the aircraft MRO businesses are Guangzhou Aircraft Maintenance Engineering Co., Ltd. (GAMECO), China; MTU Maintenance; and ExecuJet Haite Aviation Services China Co., Ltd. Huge spending on aviation infrastructure, economic growth, and increasing passenger count are among the factors propelling the adoption of aircraft MRO services. Moreover, the increasing number of middle-class travelers, is the main factor contributing to the growth of air travel, which is consequently increasing the need for aircraft MRO services in the region. The radiography technique is one of the most used techniques for inspecting aircraft components as it reduces overall downtime and cost subsequently. MRO companies across the region are engaged in the rapid adoption of radiography systems to ensure efficient and time-saving MRO procedures. With a rising fleet of wide-body and narrow-body aircraft, the airlines are demanding reliable and versatile systems for inspecting aircraft. Thus, it would create lucrative business opportunities for the players in the industrial radiography market in the coming years, which is further anticipated to drive the market in SAM.

In South America, Brazil is the worst impacted country due to the COVID-19 outbreak. As of April 2021, the country is still facing significant surge in COVID-19 cases. Also, countries such as Peru, Argentina, Uruguay, and Venezuela were impacted by the pandemic and are still facing the significant impact of the second wave of the pandemic. Countries such as Brazil and Argentina were under lockdown, and some parts of the region are still under lockdown, halting the business operation and manufacturing process. In some parts of the region, there are travelling restrictions, and various manufacturing projects also slowed down. This has lowered the demand for various new machines and equipment that are used for inspecting defects in the production line in industries. Further, manufacturers are facing challenges in procuring raw materials and managing supply chain and logistics. The COVID-19 pandemic has a negative impact on the industrial radiography market in major SAM countries

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SAM Industrial Radiography Market Segmentation

SAM Industrial Radiography Market – By Technique

Film-based Radiography
Digital Radiography

SAM Industrial Radiography Market – By End-User Industry

Manufacturing
Aerospace
Automotive and Transportation
Power Generation
Petrochemical and Gas
Others

SAM Industrial Radiography Market – By Country

Brazil
Argentina
Rest of SAM

SAM Industrial Radiography Market-Companies Mentioned

Anritsu
Fujifilm Corporation
GENERAL ELECTRIC
METTLER TOLEDO
Nikon Corporation
SHIMADZU CORPORATION
ZEISS International

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. SAM Industrial Radiography Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 SAM

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. SAM Industrial Radiography Market – Key Market Dynamics

5.1 Key Market Drivers

5.1.1 Growing Importance of Quality Control

5.1.2 Increasing Importance for Border Security

5.2 Market Restraints

5.2.1 Radiation Hazards, Government Regulations, and Lack of High Skilled Labour

5.3 Market Opportunities

5.3.1 Growing MRO Operation

5.4 Future Trends

5.4.1 Integration of AI and ML

5.5 Impact Analysis of Drivers and Restraints

6. Industrial Radiography Market – SAM Analysis

6.1 Industrial Radiography Market SAM Overview

6.2 SAM Industrial Radiography Market –Revenue and Forecast to 2028 (US$ Million)

7. SAM Industrial Radiography Market Analysis – By Technique

7.1 Overview

7.2 SAM Industrial Radiography Market, By Technique (2020 and 2028)

7.3 Film-based Radiography

7.3.1 Overview

7.3.2 Film-based Radiography: SAM Industrial Radiography Market – Revenue and Forecast to 2028 (US$ Million)

7.4 Digital Radiography

7.4.1 Overview

7.4.2 Digital Radiography: SAM Industrial Radiography Market – Revenue and Forecast to 2028 (US$ Million)

8. SAM Industrial Radiography Market – By End-User Industry

8.1 Overview

8.2 SAM Industrial Radiography Market, by End-User Industry (2020 and 2028)

8.3 Manufacturing

8.3.1 Overview

8.3.2 Manufacturing: SAM Industrial Radiography Market – Revenue and Forecast to 2028 (US$ Million)

8.4 Aerospace

8.4.1 Overview

8.4.2 Aerospace: SAM Industrial Radiography Market – Revenue and Forecast to 2028 (US$ Million)

8.5 Automotive and Transportation

8.5.1 Overview

8.5.2 Automotive and Transportation: SAM Industrial Radiography Market – Revenue and Forecast to 2028 (US$ Million)

8.6 Power Generation

8.6.1 Overview

8.6.2 Power Generation: SAM Industrial Radiography Market – Revenue and Forecast to 2028 (US$ Million)

8.7 Petrochemical and Gas

8.7.1 Overview

8.7.2 Petrochemical and Gas: SAM Industrial Radiography Market – Revenue and Forecast to 2028 (US$ Million)

8.8 Others

8.8.1 Overview

8.8.2 Others: SAM Industrial Radiography Market – Revenue and Forecast to 2028 (US$ Million)

9. SAM Industrial Radiography Market – Country Analysis

9.1 South America Industrial Radiography Market

9.1.1 Overview

9.1.2 SAM Industrial Radiography Market Breakdown, by Country

9.1.2.1 Brazil Industrial Radiography Market, Revenue and Forecast to 2028

9.1.2.1.1 Brazil Industrial Radiography Market Breakdown, by Technique

9.1.2.1.2 Brazil Industrial Radiography Market Breakdown, by End-user Industry

9.1.2.2 Argentina Industrial Radiography Market, Revenue and Forecast to 2028

9.1.2.2.1 Argentina Industrial Radiography Market Breakdown, by Technique

9.1.2.2.2 Argentina Industrial Radiography Market Breakdown, by End-user Industry

9.1.2.3 Rest of SAM Industrial Radiography Market, Revenue and Forecast to 2028

9.1.2.3.1 Rest of SAM Industrial Radiography Market Breakdown, by Technique

9.1.2.3.2 Rest of SAM Industrial Radiography Market Breakdown, by End-user Industry

10. Impact of COVID-19 Pandemic on SAM Industrial Radiography Market

10.1 South America: Impact Assessment of COVID-19 Pandemic

11. Industry Landscape

11.1 Overview

11.2 Market Initiative

11.3 New Product Development

12. Company Profiles

12.1 Anritsu

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Fujifilm Corporation

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 GENERAL ELECTRIC

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 METTLER TOLEDO

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 Nikon Corporation

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 SHIMADZU CORPORATION

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 ZEISS International

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Word Index

LIST OF TABLES

Table 1. SAM Industrial Radiography Market – Revenue and Forecast to 2028 (US$ Million)

Table 2. SAM Industrial Radiography Market, Revenue and Forecast To 2028 – By Country (US$ Mn)

Table 3. Brazil Industrial Radiography Market, Revenue and Forecast to 2028 – By Technique (US$ Mn)

Table 4. Brazil Industrial Radiography Market, Revenue and Forecast to 2028 – By End-user Industry (US$ Mn)

Table 5. Argentina Industrial Radiography Market, Revenue and Forecast to 2028 – By Technique (US$ Mn)

Table 6. Argentina Industrial Radiography Market, Revenue and Forecast to 2028 – By End-user Industry (US$ Mn)

Table 7. Rest of SAM Industrial Radiography Market, Revenue and Forecast to 2028 – By Technique (US$ Mn)

Table 8. Rest of SAM Industrial Radiography Market, Revenue and Forecast to 2028 – By End-user Industry (US$ Mn)

Table 9. List of Abbreviation

LIST OF FIGURES

Figure 1. SAM Industrial Radiography Market Segmentation

Figure 2. SAM Industrial Radiography Market Segmentation – By Country

Figure 3. SAM Industrial Radiography Market Overview

Figure 4. Digital Radiography held the largest market share in 2020

Figure 5. Automotive and Transportation held the largest market share in 2020

Figure 6. Brazil held Largest Market Share in 2020

Figure 7. SAM PEST Analysis

Figure 8. Expert Opinion

Figure 9. SAM Industrial Radiography Market: Impact Analysis of Drivers and Restraints

Figure 10. SAM Industrial Radiography Market – Revenue and Forecast to 2028 (US$ Million)

Figure 11. SAM Industrial Radiography Market Revenue Share, by Technique (2020 and 2028)

Figure 12. Film-based Radiography: SAM Industrial Radiography Market – Revenue and Forecast to 2028 (US$ Million)

Figure 13. Digital Radiography: SAM Industrial Radiography Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14. SAM Industrial Radiography Market Revenue Share, by End-User Industry (2020 and 2028)

Figure 15. Manufacturing: SAM Industrial Radiography Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16. Aerospace: SAM Industrial Radiography Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17. Automotive and Transportation: SAM Industrial Radiography Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18. Power Generation: SAM Industrial Radiography Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19. Petrochemical and Gas: SAM Industrial Radiography Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20. Others: SAM Industrial Radiography Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21. South America Industrial Radiography Market, Revenue by Country to 2028 (US$ Mn)

Figure 22. SAM Industrial Radiography Market Breakdown, by Country, 2020 & 2028 (%)

Figure 23. Brazil Industrial Radiography Market, Revenue and Forecast, 2018–2028 (US$ Mn)

Figure 24. Argentina Industrial Radiography Market, Revenue and Forecast, 2018–2028 (US$ Mn)

Figure 25. Rest of SAM Industrial Radiography Market, Revenue and Forecast, 2018–2028 (US$ Mn)

Figure 26. Impact of COVID-19 Pandemic in South America Country Markets

Anritsu
Fujifilm Corporation
GENERAL ELECTRIC
METTLER TOLEDO
Nikon Corporation
SHIMADZU CORPORATION
ZEISS International

To understand the SAM industrial radiography market landscape and identify market segments that are most likely to guarantee a strong return
Stay ahead of the race by comprehending the ever-changing competitive landscape for SAM industrial radiography market
Efficiently plan M&A and partnership deals in SAM industrial radiography market by identifying market segments with the most promising probable sales
Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form SAM industrial radiography market
Obtain market revenue forecast for market by various segments from 2021-2028 in SAM region.

Report Code

TIPRE00025205

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South America Industrial Radiography Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Technique (Film-Based Radiography and Digital Radiography) and End-User Industry (Manufacturing, Aerospace, Automotive and Transportation, Power Generation, Petrochemical and Gas, and Others)